L&T Income Opportunities Fund

Data as on October 31, 2017


L&T Income Opportunities Fund

Data as on October 31, 2017


Fund Details

NAV of Plans/Options
(as on October 31, 2017)

Rs
Dividend - Regular Plan 11.0055
Annual Dividend - Regular Plan 11.7163
Growth - Regular Plan 19.5146
Bonus - Regular Plan 19.2065
Dividend - Direct Plan 11.2172
Annual Dividend - Direct Plan 11.8661
Growth - Direct Plan 19.9308
Date of Inception :
Regular PlanOctober 08, 2009
Direct PlanJanuary 01, 2013
Expense Ratio+ :1.64% (Regular)
1.14% (Direct)
Options• Growth
• Dividend
• Annual Dividend
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter.
Additional InvestmentRs 1000 per application and in multiples of Rs 1 thereafter.
Minimum Redemption SizeRs Retail Option : Rs 500/- per application or 50 units Dividend/ Growth/ Bonus: Rs 500 per application or 50 units
Fund ManagerMr. Shriram Ramanathan and Mr. Vikas Garg (w.e.f. April 03, 2017)
BenchmarkCRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs)3,116.90
Month end AUM(Rs In Crs)3,154.87

Portfolio Allocation
Name Of Instrument Rating/Industry % to Net
Assets

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
India Infoline Housing Finance Limited ICRA AA 4.78%
Jhajjar Power Limited IND A + 4.30%
HPCL Mittal Energy Limited (Long term take or
pay agreement with HPCL) ICRA AA 4.29%
Bharat Aluminium Company Limited ICRA AA- 4.28%
Hinduja Leyland Finance Limited ICRA A+ 4.21%
Indiabulls Housing Finance Limited CARE AAA 4.08%
Axis Bank Limited CRISIL AA+ 3.96%
Syndicate Bank CARE AA- 3.38%
Sprit Textiles Private Limited BWR AA-(SO) 3.22%
Vizag General Cargo Berth Pvt Ltd (Corporate
Guarantee of Vedanta Ltd) CRISIL AA(SO) 3.20%
Reliance Broadcast Network Limited (Letter of
Comfort/DSRA Guarantee of Reliance Capital) CARE AA-(SO) 3.07%
Tata Power Renewable Energy Limited
(Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 2.88%
Sunny View Estates Private Limited (Shapoorji
Pallonji DSRA Guarantee) ICRA AA(SO) 2.71%
Essential Hospitality Private Limited (Backed by
Lease Rentals from Dewan Housing Finance
Corporation) CARE AA(SO) 2.66%
Manappuram Finance Limited CARE AA 2.56%
HDFC Bank Limited CRISIL AA+ 2.42%
Adani Transmission Limited IND AA + 2.40%
Dewan Housing Finance Corporation Limited CARE AAA 2.11%
Amba River Coke Limited (long term take or
pay agreement with JSW Steel ) CARE AA- 1.92%
Vedanta Limited CRISIL AA 1.72%
ICICI Bank Limited ICRA AA+ 1.62%
Union Bank of India IND AA 1.61%
IL&FS Transportation Networks Limited CARE A 1.59%
Renew Akshay Urja Pvt Ltd (Partial Guarantee
from IIFCL and IREDA) CARE AA+(SO) 1.59%
Aadhar Housing Finance Ltd (Letter of Comfort
from Dewan Housing Finance Corp Ltd) CARE AA+(SO) 1.59%
Walwhan Renewables Energy Private Lim ited (Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 1.57%
Business Broadcast News Holding Limited
(Corporate Guarantee - Reliance Capital
Limited) CARE AA+(SO) 1.48%
Name Of Instrument Rating/Industry % to Net
Assets

Indostar Capital Finance Limited CARE AA- 1.48%
Future Retail Limited CARE AA- 1.46%
S.D. Corporation Private Limited (Shapoorji
Pallonji DSRA Guarantee) ICRA AA(SO) 1.15%
SP Jammu Udhampur Highway Limited (NHAI
Annuity Receivables) ICRA AAA(SO) 0.97%
India Infoline Housing Finance Limited CRISIL AA 0.97%
Grand View Estate Private Limited (Shapoorji
Pallonji DSRA Guarantee) ICRA AA(SO) 0.96%
Oriental Nagpur Betul Highway Limited (Nhai
Annuity Receivables) CRISIL AAA(SO) 0.92%
Cholamandalam Investment and Finance
Company Limited ICRA AA 0.80%
Muthoot Finance Limited CRISIL AA 0.64%
HPCL-Mittal Pipelines Limited (Long term take
or pay agreement with HPCL) ICRA AA 0.58%
Yes Bank Limited ICRA AA 0.49%
Essel Propack Limited CARE AA 0.48%
Nagpur Seoni Expressway Limited (Nhai Annuity
Receivables) CRISIL AAA(SO) 0.43%
Yes Bank Limited CARE AA 0.32%
Bank of Baroda CARE AA 0.32%
Manappuram Finance Limited CRISIL AA- 0.23%
Reliance Ports & Terminals Limited CRISIL AAA 0.16%
Century Textiles & Industries Limited CRISIL AA- 0.16%
Shapoorji Pallonji Energy (Gujarat) Private
Limited (Shapoorji Pallonji Dsra Guarantee) ICRA AA(SO) 0.16%
Indian Railway Finance Corporation Limited CRISIL AAA 0.16%
Tata Housing Development Company Limited ICRA AA 0.06%
TMF Holdings Limited CRISIL AA 0.03%
Total 88.13%

MONEY MARKET INSTRUMENTS Commercial Paper/Certificate of Deposit
IIFL Facilities Services Limited CRISIL A1+ 1.58%
Aditya Birla Finance Limited ICRA A1+0.79%
Total 2.37%

Others
CBLO/Reverse Repo 6.93%
Net Receivables/(Payables) 2.57%

Grand Total 100.00%

Average Maturity 2.66 years

Modified Duration 2.05 years

YTM 8.47%

Portfolio Allocation
Name Of Instrument Rating/Industry % to Net
Assets

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
India Infoline Housing Finance Limited ICRA AA 4.78%
Jhajjar Power Limited IND A + 4.30%
HPCL Mittal Energy Limited (Long term take or
pay agreement with HPCL) ICRA AA 4.29%
Bharat Aluminium Company Limited ICRA AA- 4.28%
Hinduja Leyland Finance Limited ICRA A+ 4.21%
Indiabulls Housing Finance Limited CARE AAA 4.08%
Axis Bank Limited CRISIL AA+ 3.96%
Syndicate Bank CARE AA- 3.38%
Sprit Textiles Private Limited BWR AA-(SO) 3.22%
Vizag General Cargo Berth Pvt Ltd (Corporate
Guarantee of Vedanta Ltd) CRISIL AA(SO) 3.20%
Reliance Broadcast Network Limited (Letter of
Comfort/DSRA Guarantee of Reliance Capital) CARE AA-(SO) 3.07%
Tata Power Renewable Energy Limited
(Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 2.88%
Sunny View Estates Private Limited (Shapoorji
Pallonji DSRA Guarantee) ICRA AA(SO) 2.71%
Essential Hospitality Private Limited (Backed by
Lease Rentals from Dewan Housing Finance
Corporation) CARE AA(SO) 2.66%
Manappuram Finance Limited CARE AA 2.56%
HDFC Bank Limited CRISIL AA+ 2.42%
Adani Transmission Limited IND AA + 2.40%
Dewan Housing Finance Corporation Limited CARE AAA 2.11%
Amba River Coke Limited (long term take or
pay agreement with JSW Steel ) CARE AA- 1.92%
Vedanta Limited CRISIL AA 1.72%
ICICI Bank Limited ICRA AA+ 1.62%
Union Bank of India IND AA 1.61%
IL&FS Transportation Networks Limited CARE A 1.59%
Renew Akshay Urja Pvt Ltd (Partial Guarantee
from IIFCL and IREDA) CARE AA+(SO) 1.59%
Aadhar Housing Finance Ltd (Letter of Comfort from Dewan Housing Finance Corp Ltd) CARE AA+(SO) 1.59%
Walwhan Renewables Energy Private Lim ited (Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 1.57%
Business Broadcast News Holding Limited
(Corporate Guarantee - Reliance Capital
Limited) CARE AA+(SO) 1.48%
Indostar Capital Finance Limited CARE AA- 1.48%
Future Retail Limited CARE AA- 1.46%
S.D. Corporation Private Limited (Shapoorji
Pallonji DSRA Guarantee) ICRA AA(SO) 1.15%
SP Jammu Udhampur Highway Limited (NHAI
Annuity Receivables) ICRA AAA(SO) 0.97%
India Infoline Housing Finance Limited CRISIL AA 0.97%
Grand View Estate Private Limited (Shapoorji
Pallonji DSRA Guarantee) ICRA AA(SO) 0.96%
Oriental Nagpur Betul Highway Limited (Nhai
Annuity Receivables) CRISIL AAA(SO) 0.92%
Cholamandalam Investment and Finance
Company Limited ICRA AA 0.80%
Muthoot Finance Limited CRISIL AA 0.64%
HPCL-Mittal Pipelines Limited (Long term take
or pay agreement with HPCL) ICRA AA 0.58%
Yes Bank Limited ICRA AA 0.49%
Essel Propack Limited CARE AA 0.48%
Nagpur Seoni Expressway Limited (Nhai Annuity
Receivables) CRISIL AAA(SO) 0.43%
Yes Bank Limited CARE AA 0.32%
Bank of Baroda CARE AA 0.32%
Manappuram Finance Limited CRISIL AA- 0.23%
Reliance Ports & Terminals Limited CRISIL AAA 0.16%
Century Textiles & Industries Limited CRISIL AA- 0.16%
Shapoorji Pallonji Energy (Gujarat) Private
Limited (Shapoorji Pallonji Dsra Guarantee) ICRA AA(SO) 0.16%
Indian Railway Finance Corporation Limited CRISIL AAA 0.16%
Tata Housing Development Company Limited ICRA AA 0.06%
TMF Holdings Limited CRISIL AA 0.03%
Total 88.13%

MONEY MARKET INSTRUMENTS Commercial Paper/Certificate of Deposit
IIFL Facilities Services Limited CRISIL A1+ 1.58%
Aditya Birla Finance Limited ICRA A1+0.79%
Total 2.37%

Others
CBLO/Reverse Repo 6.93%
Net Receivables/(Payables) 2.57%

Grand Total 100.00%

Average Maturity 2.66 years

Modified Duration 2.05 years

YTM 8.47%





W.e.f. November 15, 2016 there has been a merger for the following plans:
• L&T Income Opportunities Fund - Retail Option - Dividend to L&T Income Opportunities Fund - Regular Plan - Dividend Option.
• L&T Income Opportunities Fund - Retail Option - Growth to L&T Income Opportunities Fund - Regular Plan - Growth Option.
• L&T Income Opportunities Fund - Retail Option - Quarterly Dividend to L&T Income Opportunities Fund - Regular Plan - Monthly Dividend Option.

Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.

Investment objective: To generate regular returns and capital appreciation by investing in debt (including securitised debt), government and money market securities.
Exit Load:If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil.
For details of expenses charged to Retail Plan (subscriptions under which are not accepted w.e.f. October 01, 2012), please refer to the respective fund page under “Our Funds” on our website
www.lntmf.com
For details of other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'